{"id":20411,"date":"2023-04-30T12:32:21","date_gmt":"2023-04-30T12:32:21","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/make-it-about-the-open-source-project-economist-predicts-catastrophic-fall-in-us-living-standard-frc-shares-plummet-and-more-week-in-review-the-weekly-bitcoin-news\/"},"modified":"2023-04-30T12:32:21","modified_gmt":"2023-04-30T12:32:21","slug":"make-it-about-the-open-source-project-economist-predicts-catastrophic-fall-in-us-living-standard-frc-shares-plummet-and-more-week-in-review-the-weekly-bitcoin-news","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/make-it-about-the-open-source-project-economist-predicts-catastrophic-fall-in-us-living-standard-frc-shares-plummet-and-more-week-in-review-the-weekly-bitcoin-news\/","title":{"rendered":"‘Make It About the Open-Source Project,’ Economist Predicts ‘Catastrophic’ Fall in US Living Standard, FRC Shares Plummet, and More \u2014 Week in Review \u2013 The Weekly Bitcoin News"},"content":{"rendered":"

(Originally posted on : Bitcoin News )<\/b>
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Another week has passed in the world of crypto and finance, with the anniversary of Bitcoin creator Satoshi Nakamoto\u2019s last known emails, predictions of massive declines in Americans\u2019 standard of living, and important developments at the struggling First Republic Bank. All this and more just below, in the latest Bitcoin.com News Week in Review. <\/strong><\/p>\n

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The Elusive Satoshi Nakamoto: Last Emails Reveal Bitcoin Creator\u2019s Thoughts Before Disappearing Over a Decade Ago<\/h2>\n

Twelve years ago, on this very day of April 23, 2011, a cryptic individual, known only as Satoshi Nakamoto, penned one of the final correspondences to software developer Mike Hearn. The elusive mastermind behind Bitcoin conveyed in the message that he, she, or they had \u201cmoved on to other things\u201d and confidently asserted that the project was entrusted in \u201cgood hands.\u201d<\/p>\n

Read More<\/strong><\/a><\/p>\n

\"Economist<\/p>\n

Economist Warns of \u2018Catastrophic\u2019 Fall in American Living Standard \u2014 Elon Musk Weighs in on De-Dollarization, US Dollar Weaponization<\/h2>\n

Economist Peter St Onge has warned that U.S. dollar weaponization will lead to \u201csoaring inflation, a catastrophic fallen American standard of living, and a U.S. that falls off the world stage.\u201d Commenting on the economist\u2019s warnings, Tesla and Twitter CEO Elon Musk weighed in on de-dollarization.<\/p>\n

Read More<\/strong><\/a><\/p>\n

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US Banking Industry Still Struggling as First Republic Bank Shares Plummet by Over 30%<\/h2>\n

In the midst of a tumultuous week, First Republic Bank is struggling to regain its footing in the financial world. Reports have surfaced that the bank is poised to enter government receivership due to a massive outflow of $100 billion in customer withdrawals last month. This has prompted investors to flee the bank, causing its shares to dive-bomb by over 50% on Tuesday.<\/p>\n

Read More<\/strong><\/a><\/p>\n

\"Economist<\/p>\n

Gold Bug Peter Schiff Warns \u2018Death Blow\u2019 Coming for US Dollar \u2014 USD to Lose Reserve Currency Status<\/h2>\n

Economist Peter Schiff has warned that a death blow is coming for the U.S. dollar and the USD will lose its global reserve currency status in this financial crisis. \u201cPeople are still reluctant to call it a financial crisis, but that\u2019s exactly what it is, except it\u2019s bigger in scale and it\u2019s going to be far more impactful than the 2008 crisis,\u201d Schiff stressed.<\/p>\n

Read More<\/strong><\/a><\/p>\n

What are your thoughts on this week\u2019s hottest stories from Bitcoin.com News? Be sure to let us know in the comments section below.<\/strong><\/em><\/p>\n

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Image Credits<\/b>: Shutterstock, Pixabay, Wiki Commons<\/em><\/p>\n

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Disclaimer<\/strong>: This article is for informational purposes only. It is not a direct offer or solicitation of an offer to buy or sell, or a recommendation or endorsement of any products, services, or companies. Bitcoin.com<\/a> does not provide investment, tax, legal, or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article.<\/p>\n<\/div>\n

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